iShares California Muni Bond ETF
162 hedge funds and large institutions have $727M invested in iShares California Muni Bond ETF in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 52 increasing their positions, 58 reducing their positions, and 18 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
1.02% less ownership
Funds ownership: 55.68% → 54.66% (-1%)
2% less funds holding
Funds holding: 165 → 162 (-3)
10% less capital invested
Capital invested by funds: $805M → $727M (-$77.6M)
10% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$44M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$16.9M |
| 3 |
EWF
Epstein & White Financial
San Diego,
California
|
+$10.6M |
| 4 |
Goldman Sachs
New York
|
+$9.74M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$6.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$117M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$11.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$10.9M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$6.19M |
| 5 |
Jane Street
New York
|
-$2.75M |
CMF Hedge Fund Activity: Q1 2020 in Review
162 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in iShares California Muni Bond ETF (CMF) for Q1 2020, worth a combined $727M — down 9.6% from $805M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CMF positions and 18 closed out — a net gain of 1 holder — while 52 added to existing stakes and 58 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $44M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $117M.
- 162 institutional investors held iShares California Muni Bond ETF (CMF) as of Q1 2020, down from 165 in Q4 2019.
- Funds reported $727M of iShares California Muni Bond ETF stock for Q1 2020, down 9.6% quarter-over-quarter.
- 19 funds opened new iShares California Muni Bond ETF positions in Q1 2020 and 18 closed out, a net change of +1 holder.
- The largest iShares California Muni Bond ETF buyer in Q1 2020 was Morgan Stanley, an estimated $44M added.
- The largest iShares California Muni Bond ETF seller in Q1 2020 was Charles Schwab Investment Advisory, an estimated $117M sold.
Based on aggregated 13F filings for Q1 2020.